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you have to know beyond boehner what the party wants. but in some sense, the republicans are being sham bollic and making fools of themselves. but in another sense, they are acting favorably or rationally to the structure they are in. we have the sensible country with the dysfunctional washington. the reality is we have a country of people who want to bankrupt their children, spend money on themselves, and will punish any politician who prevents them from doing that. and therefore they will punish republicans if they cut entitlements. they will punish democrats if they cut quitements. so what you saw today was the president shifting attention from debt reduction to tax cuts, which is the easy thing. i think the problem is centrally in country, and the politicians look like idiots because they are responding to horrible incentives. >> shambalic. what does that mean? >> i'm british. >> ok. >> i thought i'd let it go the first time. i didn't know what it meant. tom, you interviewed the candidate obama in 2008. and you said -- you asked him
you have to know beyond boehner what the party wants. but in some sense, the republicans are being sham bollic and making fools of themselves. but in another sense, they are acting favorably or rationally to the structure they are in. we have the sensible country with the dysfunctional washington. the reality is we have a country of people who want to bankrupt their children, spend money on themselves, and will punish any politician who prevents them from doing that. and therefore they will...
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on tax hikes. >> i think it's been very hard for speaker boehner and mcconnell to accept the fact that taxes on the wealthiest americans should go up a little bit as part of an overall package. >> reporter: the sticking point for them is that they say the democrats want to use the revenue that would come from new taxes to use that to cover the cost to prevent some of the spending cuts that are part of this so-called fiscal cliff. republicans want to see more deficit reduction. democrats say that could come later, but this would be a smaller plan. there are really some serious differences and not a lot of time left. congress has created its own deadline to this so-called fiscal cliff and now has to live by it over the next several hours to see if something can get done. erica? >> kelly o'donnell, thank you. chuck todd is nbc's political director. kelly mentioned some constructive movement but then there's this chasm we keep hearing about. is there a chance for a deal? >> i think -- i want to say yes, there's a chance for a deal! they're not that far apart. it really depends on the polit
on tax hikes. >> i think it's been very hard for speaker boehner and mcconnell to accept the fact that taxes on the wealthiest americans should go up a little bit as part of an overall package. >> reporter: the sticking point for them is that they say the democrats want to use the revenue that would come from new taxes to use that to cover the cost to prevent some of the spending cuts that are part of this so-called fiscal cliff. republicans want to see more deficit reduction....
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. >> i think it has been hard for john boehner and mitch mcconnell to accept the fact that taxes on the wealthiest americans should go up a little bit. >> yesterday it was republicans waiting on democrats for a counter offer. >> mitch mcconnell called the vice president for help. lawmakers will scrambled into the final hours. republicans will likely push for reforms they give up this time around on the debt limit debate in the new year. danielle leigh, wbal-tv 11 news. >> maryland could be hard hit if america goes off the fiscal cliff. >> kim dacey is live with the details. good morning. >> we have a lot of federal workers and businesses that rely on the federal government. some say it would affect maryland more so than in other states. there was a report that estimates just how adverse the impact would be. researchers estimate maryland would lose $117 million in federal funding next year. the greater impact could be a huge hit in income tax revenue. the state will lose about $260 million in 2013. at least 53,000 full and part- time jobs would be lost in 2013. >> i have heard as many as
. >> i think it has been hard for john boehner and mitch mcconnell to accept the fact that taxes on the wealthiest americans should go up a little bit. >> yesterday it was republicans waiting on democrats for a counter offer. >> mitch mcconnell called the vice president for help. lawmakers will scrambled into the final hours. republicans will likely push for reforms they give up this time around on the debt limit debate in the new year. danielle leigh, wbal-tv 11 news....
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and right now, whether it's president obama, whether it was speaker boehner, the two of them couldn't find a way to get to a deal because they didn't want to look like they were ever caving. and when you get to a point where it looks like you're caving on something, then there is negative political effects. now, that's why they've brought in vice president biden, mitch mcconnell, to try to close this thing. and they may close a deal, but there's no guarantee that even any deal they come to an agreement with tonight will actually make it tomorrow. >> and chuck, this congress has, your honor telling us, the lowest approval rating ever, the least productive. what happens when the next congress comes in later this week? >> reporter: well, the bad news is, if you view this as bad news, more of the same. because even if they get this temporary deal on taxes, temporarily buy down the automatic spending cuts, what they have set up is a series of mini fiscal cliffs, if you will, kate. so every three to six weeks, over the next six months, we could be going through nights like this where we're
and right now, whether it's president obama, whether it was speaker boehner, the two of them couldn't find a way to get to a deal because they didn't want to look like they were ever caving. and when you get to a point where it looks like you're caving on something, then there is negative political effects. now, that's why they've brought in vice president biden, mitch mcconnell, to try to close this thing. and they may close a deal, but there's no guarantee that even any deal they come to an...
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john boehner could change his mind, but unless the house speaker does, and allows a vote on the deal still being worked out, america goes off the fiscal cliff. surrounding himself with middle- class americans, president obama had sounded off this afternoon. >> it appears that an agreement to prevent this new year's tax hike is within sight, but it is not done. >> sources say taxes would rise on income over $500,000, which the president sees as a big win for him. >> just last month, republicans in congress said they would never agree to raise tax rates on the wealthiest americans. obviously the agreement that is currently being done would raise those rates and raise them permanently. >> some democrats did not applaud. agreedid the president's to raise rates on those making over $250,000, not four hundred thousand dollars. >> democrats won a two-year postponement, with costs covered by new tax hike. the president scoffed at republican demands for deeper spending cuts. >> shove spending cuts at us. >> so much for the gop. >> a bigger deal is, will a deal get done? >> whatever happens ar
john boehner could change his mind, but unless the house speaker does, and allows a vote on the deal still being worked out, america goes off the fiscal cliff. surrounding himself with middle- class americans, president obama had sounded off this afternoon. >> it appears that an agreement to prevent this new year's tax hike is within sight, but it is not done. >> sources say taxes would rise on income over $500,000, which the president sees as a big win for him. >> just last...
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boehner decided not to do that. now, i think there's clearly some sort of personal -- they don't know how to talk to each other, the white house and boehner. they just don't know how to negotiate with each other. biden and mcconnell do know how to speak to each other. and i think if they get 75 or 80 votes in the senate for what they come up with, and you know what? they're not that far apart on this fix, if you will. basically, they seem to be divided on whether to buy down the sequester. but they're not that far apart. and if they get 75 or 80 votes, that's going to mean 30 to 35 republicans. boehner has to put it on the floor. and boehner doesn't have to -- boehner really doesn't have to support the deal, but he does have to put it on the floor, and it will pass. >> michael steele, take it to robert gibbs. and it's great that some of these people can talk to each other, but they still have to go back to those who don't want to play ball, correct? >> that's exactly right. and that's the reality that we've lived wi
boehner decided not to do that. now, i think there's clearly some sort of personal -- they don't know how to talk to each other, the white house and boehner. they just don't know how to negotiate with each other. biden and mcconnell do know how to speak to each other. and i think if they get 75 or 80 votes in the senate for what they come up with, and you know what? they're not that far apart on this fix, if you will. basically, they seem to be divided on whether to buy down the sequester. but...
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that certainly wasn't the case with john boehner. so i think in that room they're probably bemoaning how hard they have to work to actually line up all these pieces to get their troops behind them and, frankly, they can't know whether those troops are going to be there, especially in the house. but that's probably the way they've been operating. >> jared bernstein, thank you very much for coming on. help new y help new year. >> same to you, jonathan. stay with us. ing. ring. progresso. i just served my mother-in-law your chicken noodle soup everyone tells a little white lie now and then. but now she wants my recipe [ clears his throat ] [ softly ] she's right behind me isn't she? [ male announcer ] progresso. you gotta taste this soup. we can afford to take an extra trip this year. first boston... then san francisco. hotwire checks the competitions' rates every day so they can guarantee their low prices. so our hotels were half price. ♪ h-o-t-w-i-r-e... ♪ hotwire.com >>> nbc news is reporting there will not be a vote in the house
that certainly wasn't the case with john boehner. so i think in that room they're probably bemoaning how hard they have to work to actually line up all these pieces to get their troops behind them and, frankly, they can't know whether those troops are going to be there, especially in the house. but that's probably the way they've been operating. >> jared bernstein, thank you very much for coming on. help new y help new year. >> same to you, jonathan. stay with us. ing. ring....
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>> he took a shot at john boehner on meet the press. presidential leadership trying to get the deal done doesn't take the political shots even when they are easy because you are trying to get the deal done. the big deals don't happen without presidential leadership. this is good politics but it's not good policy. it may be good politics makes bad policy. >> isn't the problem ultimately spending? the busheir raw tax cuts. some say it is going to come. covered it about a week with the budget we have. isn't the problem spending. aren't they identifying what we need to cut, dowling. >> i think it's both. i think it's revenue and spending. rep republicans are low to raise revenue and republicans slow to cut programs. i think the issue is a balanced approach like simpson where you raise ed one-quarter of the revenue you reform medicare and medicaid and you take on the military. if you do that in a balanced way but neither side is talking that way and it leaves us the american people at risk. >> at least the house is doing something. the senat
>> he took a shot at john boehner on meet the press. presidential leadership trying to get the deal done doesn't take the political shots even when they are easy because you are trying to get the deal done. the big deals don't happen without presidential leadership. this is good politics but it's not good policy. it may be good politics makes bad policy. >> isn't the problem ultimately spending? the busheir raw tax cuts. some say it is going to come. covered it about a week with the...
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>>reporter: it depends on what speaker boehner himself supports. if boehner comes to the conference and says i think this is a bad deal, they will vote against it. and he probably will not bring it to the floor. if the not puts out a deal with mcconnell's pleasing that speaker boehner sees as too reasonable to town -- turn down and he says to the members do you not have to vote but i will, he will get a good majority of his leadership team which is more than 120 people, with committee assignments not finalized until after the vote for speaker and he will get enough support if he supports the bill. what he has been saying if it is not something that can be supported by enough republicans he will not bring it to the floor. >>trace: thank you, a.b., happy new year, a.b. >> we expect more details of the fiscal cliff negotiations throughout the day and well keep you posted if we get anymore word from the white house or capitol hill during "studio b" and of course we will have complete coverage as the story develops through the evening right here on fox
>>reporter: it depends on what speaker boehner himself supports. if boehner comes to the conference and says i think this is a bad deal, they will vote against it. and he probably will not bring it to the floor. if the not puts out a deal with mcconnell's pleasing that speaker boehner sees as too reasonable to town -- turn down and he says to the members do you not have to vote but i will, he will get a good majority of his leadership team which is more than 120 people, with committee...
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boehner gave a piece of paper that hardly said anything on it. rubio tweeted out that the president was open to social security cuts. but the republicans weren't. so i'm a little confused about what cuts the republicans want so much they're not getting. >> i was eager to hear kirsten stake on it because i thought that press conference was baffling. very strange thing. it's put me in the other worldly and uncomfortable position of thinking that joe biden is the grownup in the white house. you got a sense from obama he is the sab tier in his own -- saboteur in his own white house. when he said how the republicans have agreed to raising taxes, that was in effect rhetorical poison pill to house republicans. the house republicans want to do is tomorrow when the taxes go all up, that the bush tax cut expire they say that they are voting to cut taxes. they are spinning this to raise taxes. i don't think the republicans should allow themselves to be baited by obama. >> bret: the or thing is talk about the sequester. you will remember of course in debate,
boehner gave a piece of paper that hardly said anything on it. rubio tweeted out that the president was open to social security cuts. but the republicans weren't. so i'm a little confused about what cuts the republicans want so much they're not getting. >> i was eager to hear kirsten stake on it because i thought that press conference was baffling. very strange thing. it's put me in the other worldly and uncomfortable position of thinking that joe biden is the grownup in the white house....
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boehner said let's see what the senate can do. we saw senator reid and mitch mcconnell try to get a deal, that failed. now mcconnell and biden who have a very good relationship. they worked on extending the tax breaks in 2010 they are trying it. the clock is ticking. the public is going to have to read this bill and members will demand that they read this bill before they vote on it and that's why we will go over the fiscal cliff. >> great to have you here today. i know the clock is ticking. i know you're watching it closely. thank you so much for joining us. >> thank you. gregg. jon: a new report on the terror attack on our consulate in libya. who they are blaming for the deaths of four americans including our ambassador. a french court says goodbye to that country's controversial 75% tax rate on the wealthy. don't you wish you were living in france? what that means for the socialist government of that country as it vows to continue squeezing the rich. new prilosec otc wildberry is the same frequent heartburn treatment as plosec
boehner said let's see what the senate can do. we saw senator reid and mitch mcconnell try to get a deal, that failed. now mcconnell and biden who have a very good relationship. they worked on extending the tax breaks in 2010 they are trying it. the clock is ticking. the public is going to have to read this bill and members will demand that they read this bill before they vote on it and that's why we will go over the fiscal cliff. >> great to have you here today. i know the clock is...
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first it was primarily between obama and boehner and now mcconnell and biden. but we are seeing some progress and i think the congressman should take comfort surely he will be let in to solicit the vote. >> david, what did you think of the president's comments? were they effective? what was the messaging and trying to get across and to whom? >> i was struck, t.j., mostly by the body language. not so much the contents of the remarks. he was confident, relaxed. this is a president that knows how to keep the cool under the pressure. the sub text seems to be there's hope here. he was not angry or despondent and frustrated. in a sense it was a good signal. i take to heart what one of your correspondents said about the republican reaction on capitol hill already saying this doesn't make it any easier for us to vote for it. i think that tells you where the republicans are coming from. they seem to think if the president is expressing pain do they win. and i think that goes to what just am starting to perceive almost a jihadist attitude on the far right among republica
first it was primarily between obama and boehner and now mcconnell and biden. but we are seeing some progress and i think the congressman should take comfort surely he will be let in to solicit the vote. >> david, what did you think of the president's comments? were they effective? what was the messaging and trying to get across and to whom? >> i was struck, t.j., mostly by the body language. not so much the contents of the remarks. he was confident, relaxed. this is a president...
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and speaker john boehner saying he should spend more time negotiating, why are you on tv while mitch mcconnell is working with harry reid to troy to get a deal. the president's point was if they do not make any progress on bipartisan talks in the senate since the clock is running out he wants a straight up and down vote on the senate on his fallback level. put it go in the $250,000 a year and extend unemployment benefits for 2 million americans americans americans, dana. >> this is bob beckel. are you done? >> i had a great question, but age before beauty. >> a lot of age and no beauty. >> what? >> ed, truth be known, and we see this fiscal cliff and the calamity of the day on january 1st, tonight is true the white house dot much care if they get it on the first or the fifth? >> reporter: you're right, with withholding, some people will not feel the effects of a tax increase the first couple of days, you might have time to finagle that, the treasury department has that authority. the fact of the matter, what they're more nervous about in the white house and republicans on the hill ar
and speaker john boehner saying he should spend more time negotiating, why are you on tv while mitch mcconnell is working with harry reid to troy to get a deal. the president's point was if they do not make any progress on bipartisan talks in the senate since the clock is running out he wants a straight up and down vote on the senate on his fallback level. put it go in the $250,000 a year and extend unemployment benefits for 2 million americans americans americans, dana. >> this is bob...
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you have to know beyond boehner what the party wants. but in some sense, the republicans are being shambolic and making fools of themselves. but in another sense, they are acting favorably or rationally to the structure they are in. we have the sensible country with the dysfunctional washington. the reality is we have a country of people who want to bankrupt their children, spend money on themselves, and will punish any politician who prevents them from doing that. and therefore they will punish republicans if they cut entitlements. they will punish democrats if they cut entitlements. so what you saw today was the president shifting attention from debt reduction to tax cuts, which is the easy thing. i think the problem is centrally in the country, and the politicians look like idiots because they're responding to horrible incentives. >> what does shambolic mean, by the way? >> i'm british. >> ok. >> i thought i'd let it go the first time. i didn't know what it meant. tom, you interviewed the candidate obama in 2008. and you said -- you a
you have to know beyond boehner what the party wants. but in some sense, the republicans are being shambolic and making fools of themselves. but in another sense, they are acting favorably or rationally to the structure they are in. we have the sensible country with the dysfunctional washington. the reality is we have a country of people who want to bankrupt their children, spend money on themselves, and will punish any politician who prevents them from doing that. and therefore they will...
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you have to know beyond boehner what the party wants. but in some sense, the republicans are being shambolic and making fools of themselves. but in another sense, they are acting favorably or rationally to the structure they are in. we have the sensible country with the dysfunctional washington. the reality is we have a country of people who want to bankrupt their children, spend money on themselves, and will punish any politician who prevents them from doing that. and therefore they will punish republicans if they cut entitlements. they will punish democrats if they cut entitlements. so what you saw today was the president shifting attention from debt reduction to tax cuts, which is the easy thing. i think the problem is centrally in country, and the politicians look like idiots because they are responding to horrible incentives. >> it's interesting -- >> shambolic, that's a great word. >> what does it mean exactly? >> it's british. >> ok. >> i thought i'd let it go the first time. i didn't know what it meant. tom, you interviewed the c
you have to know beyond boehner what the party wants. but in some sense, the republicans are being shambolic and making fools of themselves. but in another sense, they are acting favorably or rationally to the structure they are in. we have the sensible country with the dysfunctional washington. the reality is we have a country of people who want to bankrupt their children, spend money on themselves, and will punish any politician who prevents them from doing that. and therefore they will...
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republican representative tom cole says he's confident that boehner can get the votes he needs. >> on the speaker's plan, he had over 200 republican votes, it's not as if he had an awfully strong hand to play, if it's a deal john boehner can accept, it will be passed in a bipartisan manner with a very strong majority. if on the other hand he's neutral or not favorable, his chances will be a lot slimmer. >> lisa desjardins following the fiscal cliff negotiations on capitol hill. do you have any good news for us, lisa? >> reporter: the news is a little better than it was earlier today. we know negotiations are still happening. there was a point today where we thought there was a total breakdown. tonight it's between senator mitch mcconnell and vice president joe biden. we're some of the last people in the building. i know -- come on through, guys, if you want. there's one of the crews that -- the worker crews are starting to come into work tonight. we're the last reporting crew. all the members of congress have pretty much gone. the republicans in the house were meeting late tonight to
republican representative tom cole says he's confident that boehner can get the votes he needs. >> on the speaker's plan, he had over 200 republican votes, it's not as if he had an awfully strong hand to play, if it's a deal john boehner can accept, it will be passed in a bipartisan manner with a very strong majority. if on the other hand he's neutral or not favorable, his chances will be a lot slimmer. >> lisa desjardins following the fiscal cliff negotiations on capitol hill. do...
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that is speaker boehner's leverage with the debt ceiling. so i think we could do a lot better with the type of people that we're electing to congress, moving away from the extremes and bringing more centrists who can work together. i could give you a long speech about that when you combine those two things, you don't get a great work product. adam: congressman jason altmire, you mentioned harmonic convergence that happens in south florida. you're going to blue cross-blue shield up in tallahassee. you won't get that there. all the best to you, sir. congratulations on your service in congress. wish awe happy new year. >> happy new year, thank you. adam: so we'll get the republican take from senator john barrasso just a lit later in the program. he is kook discussing right now with other members of the republican caucus in the senate. they're talking about all of this. obviously the final physical cliff deal affects everybody, every aspect of our money, the markets, the economy. some say no matter what the damage has been done. we have money pa
that is speaker boehner's leverage with the debt ceiling. so i think we could do a lot better with the type of people that we're electing to congress, moving away from the extremes and bringing more centrists who can work together. i could give you a long speech about that when you combine those two things, you don't get a great work product. adam: congressman jason altmire, you mentioned harmonic convergence that happens in south florida. you're going to blue cross-blue shield up in...
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that's the problem for speaker boehner. and whether he allows the vote, knowing majority of his members probably won't go along with it, that's the first hurdle to get over, and, two, if he has the votes, i should back up here. there are democrats who have problems with this as well. you had senators on the democratic side, senators franken and harken and sanders going to senator reid's office apparently this afternoon and have a problem with raising the limit from $250,000 to $400,000, on the tax cut exemptions. we have a long way to go. it's hard to believe we are 1:36. so 12:00 midnight is approaching fast and there is a lot of road to go before anything develops. arthel: it's unbelievable. the american public is fed up with it. what are you hearing in terms of having vice president biden negotiate with mitch mcconnell. they have relationships with many of the people in the senate and perhaps do you think they could get together? it seems like their talks have helped in some regard. do you think they will take it back to
that's the problem for speaker boehner. and whether he allows the vote, knowing majority of his members probably won't go along with it, that's the first hurdle to get over, and, two, if he has the votes, i should back up here. there are democrats who have problems with this as well. you had senators on the democratic side, senators franken and harken and sanders going to senator reid's office apparently this afternoon and have a problem with raising the limit from $250,000 to $400,000, on the...
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we have part of what speaker boehner said. "the comments today are ironic as a recurrent theme was his unwillingness to stand up to anything in his own party. from the republican side of the aisle and speaker boehner, where are things at the moment? guest: the speaker had been hoping there would be a larger deal. the president was ready to move forward on in the time they had in front of them. this was in vision at one point to be the grand bargain which would incorporate in atomic reform and all sorts of budget cuts. changes to the tax rates. unemployment benefit changes. going all the way through to the debt ceiling being raised as part of it as well. that was not something that was ever really where things were headed by the time the negotiations got started. for speaker boehner, he wants to see the spending cuts that would go along with them. he does not feel the president has put forward enough of a plan to where the spending would be cut to compensate for the taxes that would stay down or that would be raised. host: the
we have part of what speaker boehner said. "the comments today are ironic as a recurrent theme was his unwillingness to stand up to anything in his own party. from the republican side of the aisle and speaker boehner, where are things at the moment? guest: the speaker had been hoping there would be a larger deal. the president was ready to move forward on in the time they had in front of them. this was in vision at one point to be the grand bargain which would incorporate in atomic reform...
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then again, we have john boehner, speaker of the house, has to control his own republican party. what happens if mcconnell and biden create a minimal deal and boehner can't sell it, then we're back to square one, which is failure. >> right. which boehner couldn't do with his plan b a couple of days ago. >> that's right. >> the question is, if some deal should be reached, i'm not expecting something that's overreaching, something large, is it short-term? >> very short-term. and then i'm sorry to be the dispenser of bad news, we have the whole fiscal cliff again with the fiscal reputation in terms of the borrowing maximum, the ceiling, which will come due in about a month where they have to raise the debt ceiling. you remember the president said, i'm not going to play that game anymore. unfortunately, he's going to play that game. so we'll have crisis number two, even if they solve this mini crisis today, or tomorrow. >> this white house fallback deal that senator reid is talking about pushing, if it comes to that, talk a little bit about this. >> that is the very minimal. what tha
then again, we have john boehner, speaker of the house, has to control his own republican party. what happens if mcconnell and biden create a minimal deal and boehner can't sell it, then we're back to square one, which is failure. >> right. which boehner couldn't do with his plan b a couple of days ago. >> that's right. >> the question is, if some deal should be reached, i'm not expecting something that's overreaching, something large, is it short-term? >> very...
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that's what obama and boehner were talking about, how to get to that split. and they just couldn't agree. and republicans kept saying to democrats, let's see your spending cuts, where are they and democrats said, if you want to cut social security and medicare, you tell us how you want to do it. the people like the idea of spending cuts but when you get down to the specifics, not very popular. so, it just wound up only on the tax issue, which is making republicans unhappy. >> let's talk about the republican party and now unified they are. we certainly saw boehner's plan b fail but might have just been some political positioning. as we go into the debt ceiling, do they have a unified approach or could we see that party splinter apart? >> they have a tea party caucus who wants to see a debt ceiling increase without really serious spending cuts. they want to see on the order of a trillion dollars more in spending cuts in order for any increase to have, you know, any impact. you're going to see a real problem there in the republican car us can to get a debt ceili
that's what obama and boehner were talking about, how to get to that split. and they just couldn't agree. and republicans kept saying to democrats, let's see your spending cuts, where are they and democrats said, if you want to cut social security and medicare, you tell us how you want to do it. the people like the idea of spending cuts but when you get down to the specifics, not very popular. so, it just wound up only on the tax issue, which is making republicans unhappy. >> let's talk...
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the john boehner has said chain cpi. and medicare eligibility age. >> right. >> those are the two things that he's laid out for medicare and social security. >> right. >> your party's nominee last year ran against obama -- or in this campaign ran against obama for cutting medicare. what are the specific entitlement savings that you guys want to enact? because that's your ask of obama. he's told you what taxes he wants to raise. >> i've got a whole list of them. i mean, certainly starting with chain cpi, but the age, the copay, means testing. >> he's agreed to that. >> betting on competitive situation in between medicare manage and deeper service without any cap i mean it adds up to about a trillion dollars. and when you have a situation where americans are paying one-third of the cost of medicare, i don't think people realize that, but literally people are paying one-third of the cost of medicare, we have 20 million more americans coming on medicare over the next decade, i mean it's a time bomb. >> i agree with you it's
the john boehner has said chain cpi. and medicare eligibility age. >> right. >> those are the two things that he's laid out for medicare and social security. >> right. >> your party's nominee last year ran against obama -- or in this campaign ran against obama for cutting medicare. what are the specific entitlement savings that you guys want to enact? because that's your ask of obama. he's told you what taxes he wants to raise. >> i've got a whole list of them. i...
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tom cole says he's confident boehner can get the plans he needs. >> on the speaker's plan
tom cole says he's confident boehner can get the plans he needs. >> on the speaker's plan
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a huge moment before the holidays where john boehner was unable to bring his bill up. what is the mood in the house, both democrats and republicans? are you guys just playing wait-and-see? do you have an expectation that if the senate passes something, the house is at least going to take it up? >> well, that has to happen, as you just said, in order to get this done. the house not only would have to take up an agreement that came out of the senate, obviously, we'd need a majority vote, republicans joining with democrats to get something done, which is why as the senators and the white house negotiate this deal, they do have to keep an important eye on the house, because ultimately, you're going to have to have people come together in a bipartisan way to get this done. you're not going to be able to get an agreement passed with just republicans. and so, it's important that they keep in mind the coalition of democrats and republicans that will have to come together to vote for something. >> now, congressman, obviously, let's say something passes through the senate. the g
a huge moment before the holidays where john boehner was unable to bring his bill up. what is the mood in the house, both democrats and republicans? are you guys just playing wait-and-see? do you have an expectation that if the senate passes something, the house is at least going to take it up? >> well, that has to happen, as you just said, in order to get this done. the house not only would have to take up an agreement that came out of the senate, obviously, we'd need a majority vote,...
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there are theories put forward by many democrats that john boehner would not put any type of tax vote that would inflame his cause cuss, inflame conservatives around the country until after that gavel is safely in his hands when the new congress is sworn in on january 3rd. so things are still very much up in the air. we do know they will technically be going over that cliff at midnight tonight because the house and the senate for that matter have not voted on anything, and there is no handshake agreement that we are aware of on the totality of a deal, chris. >> if you could stand by, mike, i also want to bring in kristin welker who is at the white house and get a gauge of the mood there and what they think the next step is here. >> reporter: well, chris, they continue to say that they're optimistic, but, of course, they have been saying this all day and as mike points out, until there is a final deal, there is no deal. so they are hoping that through their conversations, they say they have been working the phones all day long. of course, the president, vice president, who has been dee
there are theories put forward by many democrats that john boehner would not put any type of tax vote that would inflame his cause cuss, inflame conservatives around the country until after that gavel is safely in his hands when the new congress is sworn in on january 3rd. so things are still very much up in the air. we do know they will technically be going over that cliff at midnight tonight because the house and the senate for that matter have not voted on anything, and there is no handshake...
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you said you were supportive of john boehner's plan b a week ago. which would have raised taxes on people earning above $1 million, only on that amount that was above $1 million. but there are a whole bunch of your own colleagues that wouldn't let that pass. 50 republicans wouldn't vote for that. how is that somebody else's problem? >> democrats can't have it both ways one of the reasons many of my colleagues didn't want to vote on it, harry reid said he wouldn't bring it up for consideration. the democrats can't have it both ways. can't criticize the speaker for not passing the bill. tame saying the president wouldn't veto it. it probably won't pass. the reality is we did pass the bill. on august 1st. done in a bipartisan way, done plenty of time in advance and now it is up for the senate to actually act. that's the way it works. remember that? i'm just a bill on capitol hill? we pass a bill, it goes to the senate, they have to do their job. they went golfing last week, went on vacation and now not convening until 11:00. >> i am not hearing anythin
you said you were supportive of john boehner's plan b a week ago. which would have raised taxes on people earning above $1 million, only on that amount that was above $1 million. but there are a whole bunch of your own colleagues that wouldn't let that pass. 50 republicans wouldn't vote for that. how is that somebody else's problem? >> democrats can't have it both ways one of the reasons many of my colleagues didn't want to vote on it, harry reid said he wouldn't bring it up for...
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the house disappeared for the holidays after boehner's plan "b" failed. where is the sense of urgency? everyone is home at night and hopefully we're all putting our hopes on mcconnell and joe biden having a productive dinner, but by god, to your point, this has been going on for not just weeks or months, but years. and the fact that they're trying to cobble together some kind of patch to avoid the political pain and the economic pain more importantly to the country that's set to kick in tomorrow night at midnight is, frankly, pathetic, and it's a political problem, but it's an economic problem, and it's entirely self-created. when marshall blackburn was talking earlier and trying to blame the senate, look at the mirror. don't block at the other guy radio right now. you have to own this, and if particularly in the house of representatives because it's the republicans in the house that have been the biggest stumbling block. we got 98% agreement, both parties and the president agree 98% of americans shouldn't have their taxes raised and yet we're stalled. >>
the house disappeared for the holidays after boehner's plan "b" failed. where is the sense of urgency? everyone is home at night and hopefully we're all putting our hopes on mcconnell and joe biden having a productive dinner, but by god, to your point, this has been going on for not just weeks or months, but years. and the fact that they're trying to cobble together some kind of patch to avoid the political pain and the economic pain more importantly to the country that's set to kick...
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>>bret: speaker boehner, with only republicans, the plan "b" vote, that is what that was. this is different. it who is democrats, as well. the question is, will the speaker fiscal year he gets to the point where a majority of his majority does not support the legislation that comes over from the senate, assuming it is through the senate, now, if it comes over to the house of representatives and conservatives in house caucus, a majoriy of them, do not support it, does he, then, still bring it to the floor and pass it with a majority of democratic votes? that is something that he has not beening to do and he talked about that last year, and it is the hastert rule, the majority of the majority, something that speaker said he would stick to. >> a final question, could the house of representatives, or would the house is decided to vote if there were no spending cuts on the table if the sequestration was involved? >>bret: that is the biggest sticking point. i do. now the republicans are saying they want to have that fight on the other side. they want to have that fight with the
>>bret: speaker boehner, with only republicans, the plan "b" vote, that is what that was. this is different. it who is democrats, as well. the question is, will the speaker fiscal year he gets to the point where a majority of his majority does not support the legislation that comes over from the senate, assuming it is through the senate, now, if it comes over to the house of representatives and conservatives in house caucus, a majoriy of them, do not support it, does he, then,...
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remember this $600 billion is less than john boehner's last revenue offer. they are going for more at la later point. >> how is that going to play on the hill. >> it'll play well with democrats and not so well with republicans. the president said these tax increases will be permanent. the president is signalling there that whatever is in this agreement cooked up behind closed doors does include a permanent extension of tax decreases for the middle class. that's an important part of the news as well. >> it was
remember this $600 billion is less than john boehner's last revenue offer. they are going for more at la later point. >> how is that going to play on the hill. >> it'll play well with democrats and not so well with republicans. the president said these tax increases will be permanent. the president is signalling there that whatever is in this agreement cooked up behind closed doors does include a permanent extension of tax decreases for the middle class. that's an important part of...
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john boehner -- >> but mitch mcconnell did reach ute to the president. do you see that as posturing, we're doing our best, or do you think the republicans are serious and feeling pressure about making a deal? >> i don't think they feel that much pressure. i think they feel -- they feel a little bit of pressure but feel more pressure from their base and from the right, and that is especially true in the house among the house caucus. the whole reason for that plan b fiasco, of course, that boehner pulled before christmas, was that his more conservative members wouldn't agree to any tax increase at all, even on incomes above $1 million a year. the pressure they feel is from the right, and believe me, you look down the list of the republicans in the house of representatives and try to look and see what percentage of the vote barack obama got in their districts. which is a good barometer of how much kind of pressure they might feel to moderate. barack obama got 38%, 42% in most of their districts. they don't care about what democrats in their districts think.
john boehner -- >> but mitch mcconnell did reach ute to the president. do you see that as posturing, we're doing our best, or do you think the republicans are serious and feeling pressure about making a deal? >> i don't think they feel that much pressure. i think they feel -- they feel a little bit of pressure but feel more pressure from their base and from the right, and that is especially true in the house among the house caucus. the whole reason for that plan b fiasco, of course,...
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john boehner's speakership took a hit. you can debate how big or how small. he put a lot of weight in his political backing behind plan b and couldn't bring it up for a vote. can john boehner bring a senate passed bill to the house floor that does not have a majority of the republican majority who will vote for it and sort of retain his power as speaker? what's your assessment on that? it seems very unlikely at this point that a majority of the 234 republicans are going to be voting for anything that the senate produces. >> well, i think that republicans will realize that the speaker has done everything he can, and by not supporting plan b, they set up kind of a high pressure hold, if you lshgs of expectations. however, remember, that was the majority of republicans. if you had the democrats voting on a new alternative from the senate, then you only need, say, 25 or 30 republican votes, and you'll get enough. the reason why is because people will say, you know, we've made the case to continue the current tax rates as is. we did not win on that. now do we want
john boehner's speakership took a hit. you can debate how big or how small. he put a lot of weight in his political backing behind plan b and couldn't bring it up for a vote. can john boehner bring a senate passed bill to the house floor that does not have a majority of the republican majority who will vote for it and sort of retain his power as speaker? what's your assessment on that? it seems very unlikely at this point that a majority of the 234 republicans are going to be voting for...
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you have to know beyond boehner what the party wants. but in some sense, the republicans are being sham bollic and making fools of themselves. but in another sense, they are reacting favorably or rationally to the structure they are in. we have the sensible country with the dysfunctional washington. the reality is we have a country of people who want to bankrupt their children, spend money on themselves, and will punish any politician who prevents them from doing that. and therefore they will punish republicans if they cut entitlements. they will punish democrats if they cut entitlements. so what you saw today was the president shifting attention from debt reduction to tax cuts, which is the easy thing. i think the problem is centrally in country, and the politicians look like idiots because they are responding to horrible incentives. >> shambalic. that's a great word. >> what does shambollic mean, actually? >> i'm british. >> ok. >> i thought i'd let it go the first time. i didn't know what it meant. tom, you interviewed the candidate o
you have to know beyond boehner what the party wants. but in some sense, the republicans are being sham bollic and making fools of themselves. but in another sense, they are reacting favorably or rationally to the structure they are in. we have the sensible country with the dysfunctional washington. the reality is we have a country of people who want to bankrupt their children, spend money on themselves, and will punish any politician who prevents them from doing that. and therefore they will...
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we've talked about 400 which was the president's last offer to boehner. we've we've talked about 450, 5 oorks all of those are possibilities about and there's an inner play between those levels and things like what happens on the estate tax, what happens on the sequester. do they come up with two months of cuts, do they come up with three months of cuts to try to satisfy those who say, well, we may not want the across the board budget cuts that are called for under current law, but we want some cuts if we're going to agree to tax increases. that's a key republican demand. so all of those things are in play. each movement in any one part affects the others and we'll vus have to s just have to see where it comes out including capital gains and dividends which is i'm assuming would go 20%. that's down from 39.6 which is where they would go under current law if we go over the cliff. but it's up from 15 in both areas from where we are right now. >> last question, john, and i'll make this question. if we're talking about things like capital gains and seques r s
we've talked about 400 which was the president's last offer to boehner. we've we've talked about 450, 5 oorks all of those are possibilities about and there's an inner play between those levels and things like what happens on the estate tax, what happens on the sequester. do they come up with two months of cuts, do they come up with three months of cuts to try to satisfy those who say, well, we may not want the across the board budget cuts that are called for under current law, but we want some...
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speaker john boehner to bring it to a floor for a vote. tom cole says he's confident boehner can get the plans he needs. >> he had over 200 republican votes, it's not as if he doesn't have an awfully strong hand to play. if it's a deal john boehner request accept, frankly, i think it will be passed in a bipartisan manner with a strong majority. if on the other hand he's neutral and not favorable. then his chances are going to be a lot slimmer. >> we will find out in the morning whether any progress came out of the senate leader mitch mcconnell's meeting with vice president joe biden. >>> we've been asking you our viewers to send in your thoughts, your messages to elected representatives, so let's close tonight with some advice from one of you to washington. >> my message to all of washington for the new year is to set partisanship aside working on behalf of 100% of the voters, fix this mess you've gotten us into, bring a balanced budget to the table to grow this economy for the long term not the short term. >> have a good night. i'm don le
speaker john boehner to bring it to a floor for a vote. tom cole says he's confident boehner can get the plans he needs. >> he had over 200 republican votes, it's not as if he doesn't have an awfully strong hand to play. if it's a deal john boehner request accept, frankly, i think it will be passed in a bipartisan manner with a strong majority. if on the other hand he's neutral and not favorable. then his chances are going to be a lot slimmer. >> we will find out in the morning...
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and then you need john boehner to agree and house republicans to agree to bring it up in the same version or very similar version and i think the hurdles that have prevented us from getting a deal for two years are still there. so, i mean, we'll see what the next 14 hours brings but i wouldn't be too optimistic. >> if the senate does manage to hammer out a deal what are the chances the house will go along? you heard what chris van hollen said about an hour ago. >> note he said he thinks there are about two dozen republicans. you'll need closer to 40 republicans at least to push this over the 218 threshold. the problem with that is as tom cole the republican in oklahoma told me yesterday, he said, look. where are you going to find 40 republican house members who are willing to vote for something? if eric cantor and john bainer and kevin mccarthy don't like it, who is going to buck leadership and vote with democrats on something like this? he said, if there is at least lukewarm support from republican leaders you're likely to see more than 40 house republicans vote for it and it should pass
and then you need john boehner to agree and house republicans to agree to bring it up in the same version or very similar version and i think the hurdles that have prevented us from getting a deal for two years are still there. so, i mean, we'll see what the next 14 hours brings but i wouldn't be too optimistic. >> if the senate does manage to hammer out a deal what are the chances the house will go along? you heard what chris van hollen said about an hour ago. >> note he said he...
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boehner and the president off the election and mr. boehner put 800 billion of revenues on the table and talking about negotiations and the president says i get that for free, i'm not giving you anything for 800 billion dollars. and washington is a rumor mill, as you can probably mante imagine, and we've heard that the change cpi would be off the table, an indication of a smaller deal, not a larger deal, and it's hard to imagine a larger deal without including those. and things are moving quickly despite the fact it seems fairly quiet on capitol hill. >> harris: we're edging later and later on this sunday night and talk about things that have been said that can shift the temperature of where you are. senator reid has said he cannot offer a counter offer because he says, quote, we're too far apart on some pretty big issues. what's he talking about? >> i don't know, the first i've heard. when people tells they don't want a counter offer, it tells they don't want to deal. it strikes me it would not be difficult to focus just on the tax ra
boehner and the president off the election and mr. boehner put 800 billion of revenues on the table and talking about negotiations and the president says i get that for free, i'm not giving you anything for 800 billion dollars. and washington is a rumor mill, as you can probably mante imagine, and we've heard that the change cpi would be off the table, an indication of a smaller deal, not a larger deal, and it's hard to imagine a larger deal without including those. and things are moving...
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>> they scuttled john boehner's plan. will they accept a deal for $400,000 for single people and $450,000 for couples? >> it is extremely difficult to do that. i talked to a couple of aides shortly after obama spoke and they actually were angry at the way the president presented the way things are coming. they actually thought that he was sort of sabotaging the thing by the gleeful almost presentation he gave with the applause when he talked about congress and the laughter. so it's going to be really hard for them to suck it up and i don't think that made it any easier. >> well, i have a little bit of a philosophical question for you, michael. the thought occurs to me that this is why we can't have nice things. we had the debt ceiling showdown. even before that, we had multiple threats of government shutdown over things like funding of planned parenthood and even if we get through this with a deal, we may have another debt ceiling showdown. are we at the point in history where we cannot get anything done and nothing will
>> they scuttled john boehner's plan. will they accept a deal for $400,000 for single people and $450,000 for couples? >> it is extremely difficult to do that. i talked to a couple of aides shortly after obama spoke and they actually were angry at the way the president presented the way things are coming. they actually thought that he was sort of sabotaging the thing by the gleeful almost presentation he gave with the applause when he talked about congress and the laughter. so it's...
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by the way, there is at this point in time no crazy, like, right-wing fall to get rid of john boehner. they don't have the votes to get rid of him. >> he is still going to be speaker. >> even if he passes with democratic votes, fine. so he passes it. here's the problem. what i don't understand is that everyone is screaming about deficit reduction. don't forget who asked and demanded for deficit reduction. when i talked to a capitol hill staffer, here's what he said. he said -- this is very important -- "if it's a status quo election some kind of deal that staifz off sec quest rags. >> the republicans. >> i have to say it, it is the republicans that the point that are arguing against deficit reduction. they want to cancel the see quester, which is military spending cut. >> only on their terms. >> they would like spending cuts, but they would like -- they won't be ebbing mrift about exactly how do do it. >> i want to give luke the last word on this. >> is there a chance? just your kind of read on the final word on this, do we end today with some kind of a deal, or do they punt this and
by the way, there is at this point in time no crazy, like, right-wing fall to get rid of john boehner. they don't have the votes to get rid of him. >> he is still going to be speaker. >> even if he passes with democratic votes, fine. so he passes it. here's the problem. what i don't understand is that everyone is screaming about deficit reduction. don't forget who asked and demanded for deficit reduction. when i talked to a capitol hill staffer, here's what he said. he said -- this...
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house speaker john boehner wanted it much higher at about a million dollars. this is somewhere in between. also, an extension of the unemployment insurance benefits. they're still hashing out some of the final details but it does appear as though the vice president was key in helping these negotiations to move forward. >> the negotiations go on there, kristen, we are watching the senate floor as they discuss the very details of that and debate it. keith, to you on this. political pointing out, biden's inclusion sets up a good cop/bad cop xen arroyo here among the democrats with the vice president and senator harry reid, those particular characters if you will in these negotiations. and was said by kristen that vice president -- the vice president and mitch mcconnell spoke at 12:45 a.m. and again this morning at 6:30 a.m. how do democrats use the good cop/bad cop to their advantage? >> i think the democrats have some sort of unanimity, not complete unanimity of opinion about the tax increase issue. the exact number i think is an area of negotiation that democra
house speaker john boehner wanted it much higher at about a million dollars. this is somewhere in between. also, an extension of the unemployment insurance benefits. they're still hashing out some of the final details but it does appear as though the vice president was key in helping these negotiations to move forward. >> the negotiations go on there, kristen, we are watching the senate floor as they discuss the very details of that and debate it. keith, to you on this. political pointing...
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speaker boehner's position, we already passed one measure. it is now up to the u.s. senate. here's congressman ted poe just moments ago. take a listen to this. >> mr. speaker, the american people, they actually do get it, at least those people that work and pay taxes, the backbone of america, the workers of america. they say, stop the spending obsession. mr. speaker, the problem is spending. we got here by spending too much, not by taxing too little. we're going off the cliff of our pocket's full of somebody else's money and that is just the way it is. gregg: we'll continue to monitor the remarks on the floor of the house of representatives and we're keeping an eye on what is going on over on the other side of the u.s. senate. not much activity. they're supposed to remeet or convene. it is a little difficult to know which at 11:00 a.m. this morning. so we'll keep you posted on that. heather: meantime a holiday horror story. nine people are killed in a tour bus accident. this happened in oregon. the bus, carrying about 40 people, lost control on an icy road yesterday. first-r
speaker boehner's position, we already passed one measure. it is now up to the u.s. senate. here's congressman ted poe just moments ago. take a listen to this. >> mr. speaker, the american people, they actually do get it, at least those people that work and pay taxes, the backbone of america, the workers of america. they say, stop the spending obsession. mr. speaker, the problem is spending. we got here by spending too much, not by taxing too little. we're going off the cliff of our...
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john boehner, the republican leadership, those who are leaving the party, there has been no talk there willbe no ta hikes. unwilling and unable erhaps, for what will ensue of the fiscal cliff. but the fact is that we are looking at a real prospect that the republicans will be held responsible and must plan be actually has the effect of shifting some of the responsibility to the president read what you think are the odds? >> i think he will be held responsible for the economy in 2013 and 2014. you cannot blame george w. bush anymore. they control the senate. it is their economy for sure. so i think that you're going to see a real problem in 2013 and 2014, but i do think it's obama's economy now. the republicans passed the tax cuts for one group, let's say all the way through, not the very top group, i don't know where that negotiation is going to come out, but if they do that, i think that they will be held blameless for the economy. lou: as we wrap up here, i would like to ask you a question this way. because i said last year that i felt strongly at the beginning of the campaign. the d
john boehner, the republican leadership, those who are leaving the party, there has been no talk there willbe no ta hikes. unwilling and unable erhaps, for what will ensue of the fiscal cliff. but the fact is that we are looking at a real prospect that the republicans will be held responsible and must plan be actually has the effect of shifting some of the responsibility to the president read what you think are the odds? >> i think he will be held responsible for the economy in 2013 and...
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boehner, speaker boehner, oh, he finally gets the house back in session on sunday night. and then we have some democrats saying, why don't these republicans quit defending their millionaire pals. the way it's presented in the establishment media is highly pejorative against republicans and yet, republicans, as we heard from the rasmussen poll, they're not getting all of the blame. it's 44-36 that's where it is, again, that surprises me. >> those headlines are great. the next time i'm on deadline and i have a story to write. because i've left it to the last minute and i have to cancel a movie i think i'm going to, you know, complain about it and say, oh, finally, i'm getting back into the work session here. no, i mean, it's ridiculous. now, the republicans, i think, are doing one thing wrong though and that is focusing so much on the tax increases on higher earners, i do think that that's one area where obama can claim to have a bit of an upper hand because he made it very clear in his campaign for reelection, that he was going to tax the wealthy, so-called wealthy more. s
boehner, speaker boehner, oh, he finally gets the house back in session on sunday night. and then we have some democrats saying, why don't these republicans quit defending their millionaire pals. the way it's presented in the establishment media is highly pejorative against republicans and yet, republicans, as we heard from the rasmussen poll, they're not getting all of the blame. it's 44-36 that's where it is, again, that surprises me. >> those headlines are great. the next time i'm on...